SA’s cement industry faces multiple threats

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The election in 2024 is expected to ‘provide motivation’ for the state to start spending, given the dire state of the country’s infrastructure. Moneyweb SouthAfrica

The sustainability of South Africa’s cement and concrete industry is being threatened by multiple challenges. These include economic decline, cheap imports, rising input costs and the crisis in the construction industry caused by the activities of the construction mafia and lack of major projects.

Listen: Roland van Wijnen on PPC’s HY results Impact on producers Perrie is unsure whether South Africa’s cement industry is in crisis and if there is a risk of some cement producers failing. Snyman said cement producers managed to hang on through the last recessionary period and reduced their capacity in line with demand; she therefore does not believe any of them are going to fail.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Companies in the cement industry of our nation have been enjoying their monopolies for far too long. Who knows how many times they have priced cement in the favour, thanks to these newly cement producer we now know that a 50kg bag of 42N cement can be sold for less than R100.

South Africa South Africa Latest News, South Africa South Africa Headlines